The White House referred questions on Wyden’s remarks to TMTG, which did not immediately respond to a request for comment.

Trump’s social media posts often move markets, and the profits of many top trading firms, hedge funds and financial services firms depend heavily on the speed at which they can execute trades.

On April 9, 2025, for example, Wall Street’s main indexes turned sharply higher after Trump said in a Truth Social post that he would pause many of his new tariffs for 90 days.

Access to the Truth API would be essential for high-frequency trading firms as a speed advantage of just a few milliseconds can result in hundreds of thousands of dollars of gains on big trades, the sources said.

The Financial Times reported the discussions on the $100,000 subscription fee earlier on Thursday.
Profit from policy announcements

TMTG has faced challenges in ramping up its media business amid intense competition from larger social media firms. The new product will provide round-the-clock coverage of influential posts and include an archive of posts dating back to 2022. The company said it has already signed up customers ahead of the August 1 launch, but did not say who they are.

Some of the most-followed accounts on Truth Social belong to Trump himself and those closely aligned with him, including his sons Donald Trump Jr. and Eric Trump, as well as prominent supporters such as Dan Bongino and Sean Hannity.

The Donald J. Trump Revocable Trust holds roughly 114.75 million shares, representing about 41% of all outstanding stock in TMTG, according to regulatory filings. The trust, which his children oversee, administers Trump’s investments.

Critics have raised questions around whether Trump and his family have sought to boost their fortunes by profiting off policies announced by his administration. In his most recent financial disclosures, Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, after his income from digital assets benefited from policies he had announced.

The Truth API arrangement would be “wildly unethical,” said Donald Sherman, president of the nonpartisan watchdog group Citizens for Responsibility and Ethics in Washington, because the president stands to benefit from payments for faster access to his posts. However, it is difficult to determine from publicly available information whether it is illegal, he said.

Sherman and other experts note that the Constitution’s emoluments clauses, designed to thwart corruption, would not apply in this case. They bar federal officials from accepting gifts from foreign governments without congressional approval, and the president from receiving gifts from states.

And while federal regulations broadly prohibit the buying or selling of a security based on material, non-public information, that restriction would not apply if potentially hundreds or thousands of people receive earlier access to his posts, Sherman said.

“I don’t think Congress or any regulatory body ever contemplated that a president or a market-mover would engage in this kind of paying-for-access type arrangement,” he said.

U.S. Senator Elizabeth Warren of Massachusetts, the top Democrat on the Senate Banking Committee, said it was “an egregious scheme to profit off the presidency and enrich Wall Street while doing nothing to help Americans.”

While the White House has said Trump’s business empire is overseen by his children, the president is the beneficiary of the income that flows into his trust.

Shares of TMTG, which have shed roughly 27% of their value this year, closed roughly flat at $9.66 on Friday, giving the company a market value of about $2.7 billion.

I usually pay someone to collect my garbage, not to collect their garbage.

>>1524382
So blatant insider trading.

>>1524392
It isn't insider trading to sell faster access to information.

Is there a grift this retard won't make?

>>1524393
I bet that's the anon that shorted his Twitter stock after Musk bought the company and it went private.
Retards who don't understand shit tend to be Democrats and continue making dumb claims based on their retardation.

>>1524393
It is when that information is on what stocks to buy and sell.

>>1524393
That is literally exactly what insider trading is.

>>1524389
My first thought

>>1524382
This is called both pay 2 play and insider trading. Which in a decently run country, would be illegal and enforced.

>>1524612
You're an idiot and I'm taking your stupid idiot bait.
So, who's the idiot now, huh, faggot?

>>1524415
No, no, no, no, no. Insider trading is using information that isn't publicly available to conduct trades.

Selling information isn't insider trading. This is more analogous to how the government charges people to print out financial documents on Congress from the Senate Office of Public Records or House Legislative Resource Center. People that bother to go through that rigmarole get a valuable heads up on what stocks to buy before that info gets published online (because members of Congress always outperform the market because *they* are insider trading).

In either case, the information is publicly available, just not free, so using it isn't insider trading.

>>1524619
>faster access to information
-Meaning you get information before other people.
-Meaning it is not publicly available unless you bribe the president.
-Meaning yes, that's literally just insider trading.

>>1524619
its worse than insider trading. its some of the most blatant corruption ever.

Trumps done the more regular insider trading as well:


http://archive.today/2026.03.25-100454/https://www.axios.com/2026/03/25/trump-iran-oil-insider-trading

https://www.bbc.com/news/articles/cge0grppe3po